But he has clear advantage of getting much larger deposit (landlord in most jurisdictions is limited to collecting 1.5 or 2 months' rent payment, which he must place in an escrow vs. $8000-$10000 Scott can collect and use for any purpose the next day). 

I don't know what advantage you would get from working with them?

Quote from @Nadia Jones: Also posted in Getting Started Forum, but figured multifamily category may also generate some responses...so posting here as well. 

Best of Both Worlds: Rent Now, Sell LaterOne approach would be to rent the property for a few years, taking advantage of the strong rental market, then sell it down the road when they’re ready to cash out or if they see the market peak.

I like the strategy of having a job with guaranteed income and taking advantage of owner occupied financing to purchase a house hack, staying connected with the REI community in the area, and scaling up from there.

You obviously don't get the tax benefits of real estate, but if you're just looking for "returns", then lending your money out could be advantageous for your goal.

I enjoy teaching BP members how to use the system to save more money by using programs and taking advantage of loopholes.

If it’s going to be an entity, then under what category I should register it? 

It can take a lot of time and effort if you go it alone, so having a trusted team can be a huge advantage.

So for example, a 761 credit score will be in the 760-779 credit category, then going down to 740-759 and so on.2.